SBA Announces Made in America Initiative

March 11, 2025

Bob Coleman
Founder & Publisher

SBA Hot Topic Tuesday — SBA Announces Made in America Initiative

  • Reduce barriers to access for the 504 loan program lender fees.
  • Expand the use of the 7(a) Working Capital Pilot program

“The great American comeback starts with restoring American industry,” says SBA Administrator Kelly Loeffler. 

“With the Made in America Manufacturing Initiative, we’re slashing red tape, expanding access to capital, and fueling a manufacturing resurgence that will create high-paying jobs and revitalize communities across the country.”

As part of the Made in America Manufacturing Initiative, the SBA will:

  • Cut $100 billion in regulation through the Office of Advocacy, which is empowered by law to work across federal agencies to identify and eliminate rules, policies, and procedures that disproportionately burden small businesses and manufacturers.
  • Launch a Red Tape Hotline for small business owners and manufacturers to share feedback and submit onerous regulations for review.
  • Deploy the newly announced Office of Manufacturing and Trade to offer small manufacturers dedicated resources and training in partnership with SBA field offices across the country.
  • Reduce barriers to access for the 504 loan program, a zero-subsidy program which provides capital for real estate, construction, and equipment purchases. Zero-subsidy means the program operates without ongoing taxpayer funding and is sustained by borrower and lender fees.
  • Expand the use of the 7(a) Working Capital Pilot program, which provides financing to fund inventory purchases and export-related expenses for international markets.
  • Promote a skilled manufacturing workforce by partnering with agencies, trade schools and private sector stakeholders to create a pipeline of skilled workers to support manufacturing.
  • Support President Trump’s manufacturing agenda, including tariffs to restore fair and reciprocal trade, tax cuts on domestic production, and 100% expensing retroactive to Jan. 20, 2025, for manufacturers.